Envision Healthcare Closes Acquisition of Phoenix Physicians

June 18, 2014 04:15 PM Eastern Daylight Time

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Envision Healthcare Holdings, Inc. (NYSE: EVHC) (Envision or Company)
announced its EmCare division has completed its acquisition of Phoenix
Physicians, LLC. As previously stated, the deal is expected to add an
estimated $125 million in revenues and approximately 800,000 patient
encounters annually.

Phoenix Physicians currently provides services to 21 hospitals in six
states, including Broward Health, one of the largest health systems in
the nation. Phoenix Physicians’ more than 500 affiliated clinicians
provide emergency department, urgent care facility, adult and pediatric
hospitalist, OB/GYN and high-risk perinatal services in Florida, North
Carolina, New Jersey, Arkansas, Ohio and Virginia.

About Envision Healthcare Holdings, Inc.

Envision Healthcare Holdings, Inc. and our more than 30,000 employees
and affiliated clinicians, offer an array of healthcare related services
to consumers, hospitals, healthcare systems, health plans and local,
state and national government entities. Through Envision Healthcare
Corporation, we operate American Medical Response, Inc. (AMR), EmCare
Holdings, Inc. (EmCare) and Evolution Health, LLC (Evolution Health).
AMR is a provider and manager of community-based medical transportation
services, including emergency (‘911’), non-emergency, managed
transportation, fixed-wing air ambulance and disaster response. EmCare
is a provider of integrated facility-based physician services, including
emergency, anesthesiology, hospitalist/inpatient care, radiology,
tele-radiology and surgery. Evolution Health provides comprehensive care
to patients across various settings, many of whom suffer from advanced
illnesses and chronic diseases. We are headquartered in Greenwood
Village, Colorado. For additional information, visit www.evhc.net.

Forward-Looking Statements

Certain statements and information herein may be deemed to be
“forward-looking statements” within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Forward-looking statements may
include, but are not limited to, statements relating to our objectives,
plans and strategies, and all statements (other than statements of
historical facts) that address activities, events or developments that
we intend, expect, project, believe or anticipate will or may occur in
the future, including our ability to successfully complete the
acquisition of Phoenix Physicians and Phoenix Physicians’ estimated $125
million in annualized revenues and estimated 800,000 patient encounters
annually. Any forward-looking statements herein are made as of the date
of this press release, and the Company undertakes no duty to update or
revise any such statements. Forward-looking statements are not
guarantees of future performance and are subject to risks and
uncertainties. Important factors that could cause actual results,
developments and business decisions to differ materially from
forward-looking statements are described in the Company’s periodic
filings with the Securities and Exchange Commission from time to time,
including in the section entitled “Risk Factors” in the Company’s Annual
Report on Form 10-K.